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Germany wants to stop fighting the U.S. on natural gas supplies

From marketwatch.com

Germany’s economy minister said Tuesday he’s confident the country will soon have two terminals capable of receiving shipments of U.S. liquefied natural gas, something Washington has been pressing for in its bid to increase exports to Europe. Peter Altmaier told a high-level meeting of German and American officials that Germany is prepared to provide substantial subsidies to the consortia building the terminals, but declined to name a figure. Altmaier, a close ally of Chancellor Angela Merkel, stressed that Berlin wants to resolve its differences with the United States over plans for an undersea gas pipeline from ... (full story)

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  • Category: Fundamental Analysis